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How much money will the bank need to loan a purchaser using a 10% down payment on a $190,000 property? A. $189,810.00 C. $188,100.00 B. $190,000.00 D. $171,000.00
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1 vote
How much money will the bank need to

loan a purchaser using a 10% down
payment on a $190,000 property?
A. $189,810.00
C. $188,100.00
B. $190,000.00
D. $171,000.00

User Amrx
by
8.2k points

1 Answer

6 votes
D. 171,000.00
10% of 190,000 is 19,000
190,000 minus 19,000 is 171,000
Is they put your down payment toward your load that the remaining amount they need to provide
User Evie
by
7.6k points
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